Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

ConAgra Foods Keeps Dividend Steady

The packaged foods giant has made the same payout to investors for the past four quarters.

Packaged goods giant ConAgra(NYSE:CAG)announced today its third-quarter dividend of $0.25 per share, the same rate it's paid for the past four quarters after raising the payout 4% from $0.24 per share.

The board of directors said the quarterly dividend is payable on December 3 to holders of record at the close of business on October 31. The regular dividend payment equates to a $1.00-per-share annual dividend, yielding 3.3% based on the closing price today of ConAgra's stock.

Author

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.